Texas Tax Lien Sales – Sheriff Sale – Tax Deed Sales

Investing in a Tax Deed Sale Successfully!

Who wouldn’t want to jump on the bandwagon? But before you put your hard earned money on the line, there are some things you need to know about tax lien sales in Texas!

The truth is, all of these phrases are enticing, but they can be more than a little bit misleading.

Tax lien sales can prove to be very profitable, but they are not a “get rich quick scheme” and you must educate yourself before plunging into purchasing Property Tax Foreclosures at a sale or you will lose all your capital and may even end up owing additional money!

For example, not understanding the definition of a Foreclosure Redemption Period or being unaware of the potential liabilities you may inherit from an IRS tax lien are just a few of the pitfalls many buyers encounter!

This information is all that you will need in order to effectively research potential properties and purchase properties at Tax Sales.

What exactly are Texas Tax Lien Sales?

Basically, they are auctions held by a county official, usually the Sheriff or Constable, to sell properties that have become delinquent on their local property taxes and have been foreclosed on in the courts (a Property Tax Foreclosure).

They have a multitude of names including Tax Lien Sales, Constable Sales, Property Tax Sales and more, but they are all the same type of sale in Texas. The properties at these sales are ordered to be sold by a court official.

In Texas, even though you may hear of a sale referred to as a “Texas Tax Lien Sale”, a buyer is not buying a lien, but is actually buying the deed to a property at a Sheriff Sale.

Taxes leading to foreclosure can include property taxes, city taxes, hospital taxes and school taxes as well as city liens placed against the property by the city (such as weed or mowing liens).

If you follow these simple steps, you will be able to confidently bid and purchase at a Texas Tax Lien Sale, potentially getting some very profitable properties.

Everyone has a tendency to want to skip over steps and rush into the auction portion of this process, but unlike bank owned homes for sale, there are differences in tax lien foreclosures such as redemption periods and exceptions to the rules that can be extremely costly.

I would caution anyone to carefully complete the above steps before bidding at a sale.

As I build this website, I will expand on each of these steps with details specifically relating to Texas Tax Foreclosure Sales at each county as well as providing specific information regarding the Texas Property Tax Code. Please check back frequently as these updates will be made often.